ING inghams group limited

Ann: AGM Chair & CEO Addresses and Presentation, page-3

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    This will be in 'AFR' print edition on Friday 2 December 2022 and largely confirms my guesstimate above:

    "...Chicken producer Inghams provided a relatively positive trading update at its recent annual meeting. The gradual earnings recovery from a COVID-19 affected third quarter of 2022 has continued into the new year
    “This has largely been driven by the normalisation of operational disruptions and product range availability alongside the successful implementation of significant price increases,” Mr Karatzas said.
    Mr Karatzas said Inghams commodity feed input costs – wheat & soy – have begun to retreat from recent highs, but any benefit will likely not be seen until fiscal 2024.
    He increased his 12-month price target to $3 per share from $2.90, reflecting small percentage upgrades for 2023-24..."
 
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